§ Mr. McGradyTo ask the President of the Board of Trade what agreements exist between her Department and BNFL relating to medium-term financial targets; when the most recent target was agreed; and if it assumed mixed oxide fuel would be manufactured by BNFL. [12949]
§ Mr. BattleThree-year external financing limits are set for BNFL within the context of the annual corporate plan published by the company. BNFL's EFL for 1997–98 was adjusted from £–67,000,000 to £–169,000,000 to reflect an improved trading performance since the EFLs for three years 1997–98 to 1999–2000 were set in the 1996 Budget. The EFLs were set on the assumption that mixed oxide fuel would continue to be manufactured at Sellafield.